Tallahassee

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St. Petersburg

126 NOVEMBER 2014 FLORIDATREND.COM photos: Health Village top; Orlando Sentinel bottom

rather than just punching in and out.”> Cooperation, not competition:

Health Village is equidistant from College Park, Winter Park and downtown Orlan-do, where UCF plans to build a satellite campus as part of a public-private project called Creative Village. It’s also close to a

new crop of shared workspaces down-town and will complement local startup efforts, Wassel says. “There are going to be people working on great ideas sitting in these various co-working spaces who should be talking to each other. What’s great is we’re only one SunRail stop away.”

That spirit of collaboration also extends to Lake Nona, where Florida Hospital plans to occupy a large new medical office building. At Health Village, the Transla-tional Research Institute for Metabolism and Diabetes is a collaboration between Florida Hospital and Sanford-Burnham. “For innovation to occur, you have to be open, which means you collaborate with Medical City, you collaborate with Cre-ative Village,” Wassel says.> Access to mentors: Providing

entrepreneurs access to a capital net-work and a mentoring network is part of Health Village’s development plan, Was-sel says. “When we looked at innovation economies, we found two things that were crucial to the success of their eco-systems. No. 1 was the establishment of a capital network. No. 2 was the establish-ment of a mentor network. There’s still a lot of siloed activity occurring across Florida, unfortunately.” One of Was-sel’s goals is to gather up investors and subject-matter experts from throughout Florida and beyond and connect them to entrepreneurs at Health Village. “It’s re-ally about aggregating and facilitating re-lationships in those two networks so that we can connect you to the right organiza-tions to grow your company.”> Market changes: Why help young

companies grow? Wassel points to the “triple aim” of U.S. health care reform. It’s not enough to react to market changes, he says; hospitals now must understand “where the disruptions are occurring and position our health care system” to improve patient care, affordability and the health of the population. “That’s the triple aim.”

The complex will include office space, parks, residential units, a hotel and a conference center.

A SunRail commuter rail station helps connect the village to outlying areas of the region.

The Translational Research Institute for Metabolism and Diabetes is a collaboration with Sanford-Burnham Medical Research Institute.

Health Care: Hospitals

Category Current Future Cap To Come

Hospital beds 1,177 2,198 1,021

Medical offi ce 474,566 square feet 1,097,960 square feet 623,394 square feet

General offi ce None 100,000 square feet 100,000 square feet

Education 105,336 square feet 282,970 square feet 177,634 square feet

Residential 84 units 670 units 586 units

Retail 3,100 square feet 120,000 square feet 116,900 square feet

Hotel 163 rooms 300 rooms 137 rooms

Employment 7,500 jobs 18,000 jobs 10,500 jobs

Health Village

Source: Health Village

NOV_14_Hospitals.indd 126 10/29/14 10:36 AM

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